XRP has experienced a dramatic shift on Coinbase, with on-chain data showing a staggering 90% decline in the exchange’s visible holdings over the past 90 days. According to a report highlighted by crypto analyst Del Crxpto on X, Coinbase’s XRP reserves have plunged from roughly 970 million XRP to about 99 million XRP, sparking intense debate about what might be driving the move and what it could mean for the market.
A Sharp Drop in Exchange Reserves Blockchain tracking platforms reveal that Coinbase once maintained dozens of cold-wallet addresses holding close to 970 million XRP. By mid-September, that number had collapsed to a handful of wallets—estimated at just six—collectively holding around 16.
5 million XRP each. This reduction in visible supply represents the headline 90% decline.
$XRP Analysis: Over the last 90 days the supply of $XRP on @coinbase has fallen from 970,000,000 – 99,000,000 $XRP . No one is ready for what comes next.
— Del Crxpto (@DelCrxpto) September 15, 2025 Understanding the Transfers The blockchain does not indicate that all of this XRP was sold. Instead, it records large, sustained transfers from Coinbase’s cold storage to external addresses .
Analysts caution that these flows could reflect a range of possibilities: institutional re-custody, over-the-counter (OTC) deals, internal wallet restructuring, or transfers to third-party custodians. Because final destinations are often opaque, the data cannot confirm whether these movements are bullish or bearish for XRP’s price.
Why the Decline Matters Visible exchange reserves are a key measure of market liquidity and potential selling pressure. When an exchange’s on-chain balance drops sharply, it can signal two very different scenarios.
On one hand, a shrinking reserve might mean less immediate sell-side supply, potentially supporting prices. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 On the other hand, it could indicate that major holders are repositioning assets off-exchange, which might have little effect on actual market liquidity but can unsettle traders.
Either way, the scale of this drop is significant and could amplify price volatility if new market pressure emerges. What Comes Next For now, the market is left with more questions than answers.
The key takeaway is that major XRP flows are underway, and the true impact will depend on how these assets are ultimately deployed. Analysts are closely monitoring destination addresses, additional transfers, and any forthcoming statements from Coinbase or large custodial players.
As Del Crxpto noted, “no one is ready for what comes next,” underscoring the heightened uncertainty surrounding XRP’s near-term outlook. This remarkable contraction of Coinbase’s XRP holdings may prove to be either a short-term liquidity shuffle or an early sign of a deeper structural shift.
Until more clarity emerges, traders and investors will be watching the blockchain—and Coinbase’s next moves—with keen attention. Disclaimer : This content is meant to inform and should not be considered financial advice.
The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions.
Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on Twitter , Facebook , Telegram , and Google News The post XRP on Coinbase Falls 90%, Expert Says No One Is Ready for What Comes Next appeared first on Times Tabloid .
Latest news and analysis from TimesTabloid
The DOJ is reportedly weighing removal of the independent Binance compliance monitor imposed under a $4.3 billion 2023 settlement, a move that would reduce external oversight of Binance’s global opera...
The DOJ is reportedly considering lifting a three-year compliance monitor imposed under Binance’s $4.3 billion settlement....
Binance founder Changpeng Zhao (CZ) has changed his profile name from “ex-@binance” to “@binance,” according to Twitter data. This change has fueled speculation that Zhao may return to his role at Bin...